From firefighting to managed decline: why the RBI let the rupee breach 90 episode artwork

EPISODE · Dec 27, 2025 · 15 MIN

From firefighting to managed decline: why the RBI let the rupee breach 90

from In Focus by The Hindu · host The Hindu

In early December 2025, the Rupee slipped past the ₹90 per dollar mark. While this drop is labelled as 'psychologically significant,' the underlying economic factors hasn't changed much. Yet a specific set of recent events has added fresh momentum, decisively tipping the scales against the currency. The Rupee’s rise or fall depends on two main factors: what’s happening in the market, and how the Reserve Bank of India (RBI) responds. Guest: economist Zico Dasgupta Host: Nitika Francis Edited and produced by Sharmada Venkatasubramanian Learn more about your ad choices. Visit megaphone.fm/adchoices

In early December 2025, the Rupee slipped past the ₹90 per dollar mark. While this drop is labelled as 'psychologically significant,' the underlying economic factors hasn't changed much. Yet a specific set of recent events has added fresh momentum, decisively tipping the scales against the currency. The Rupee’s rise or fall depends on two main factors: what’s happening in the market, and how the Reserve Bank of India (RBI) responds. Guest: economist Zico Dasgupta Host: Nitika Francis Edited and produced by Sharmada Venkatasubramanian Learn more about your ad choices. Visit megaphone.fm/adchoices

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From firefighting to managed decline: why the RBI let the rupee breach 90

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In early December 2025, the Rupee slipped past the ₹90 per dollar mark. While this drop is labelled as 'psychologically significant,' the underlying economic factors hasn't changed much. Yet a specific set of recent events has added fresh momentum,...

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